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Sunday Truth Bombs about Tech, Crypto, Startups and Trends. #DevLife
Recorded: Jan. 11, 2026 Duration: 1:16:31Space Recording
Short Summary
In a recent discussion, a crypto enthusiast expressed frustration over missed partnership opportunities with blue chip projects, highlighting the disconnect between the Chia community and CNI. The conversation emphasized the potential for significant growth through strategic collaborations, while also addressing the challenges of aligning different blockchain ecosystems.
Full Transcription
Thank you. Thank you. I'll see you all night. Thank you. We can go for a delay When the bright lights take you over
Bright lights take you over
There's a place we can go for a delay
When the bright lights take you over
Bright lights take you over Oh I'm going to run it on your report now. Thank you. It's late, you can go, start me late, and the bright lights take you over, bright lights take you over. Nope.
Not done. Nope, not that. Oh, no use telegram, no use, why do?
Oh my god, telegram is so messy get started here soon. I'm still collecting
my thoughts, calming my temper, trying to suppress the rant a little bit. bit I need to change. I resist this energy.
I'm still here.
I'm still here. Hey! Good morning, Bob.
We'll get started here soon. I'm going to go to the next video. so
so The time is wrong. Now there's nothing left to do.
Boarding the bird.
We need to fight.
We need to change.
The bird is just this.
Let's go. Thank you. We need to fight, we need to change, there is this, there's this, there's this. so all right good morning everybody welcome to the morning show with drac it's no longer tldr
it's a bit of a morning rant it's sunday january 11th thanks for showing up friends mo juice
sent you a report in telegram bob i'm looking forward to getting back to drac
very soon and deburr uh as buddy, I enjoy your posts and I enjoy
seeing you here. Good morning, everyone. The show is going to be a little more ranty. I've cooled
down a little bit overnight. And I really want to be respectful of all people involved in my rant.
So I'm going to preface this entire conversation with i love cni
tech mad respect for gene and bram and the team over at cni mad respect for what they're doing
on the tech 100 uh the blue chip that i basically spent the last three days with working to transition the entire technicals of the project to chia
because of gaming and so mad respect for the ladies on that end mad respect um but in between
is a disconnect and i think it's worth calling it out.
It's easy for me to call out now because I just went through the middle of it.
It's easy for me to call out now because I'm a little annoyed.
Mostly, not at either end of the parties involved, but at the opportunity that is walked out the door.
Through no fault of my own or either parties.
And so, again, to close the preface, each party has a preference to how their business runs.
They live in different ecosystems, very different, which we're going to talk about today.
Because yesterday was, I knew it existed, but yesterday was a giant eye opener for a certain element of larger, scalable business that we don't typically see on the surface level of crypto Twitter here.
When we're doing our little projects and we're doing our side things and our hustle and stuff.
We were talking millions, literal millions of dollars.
And I'm just frustrated to see that walk away.
And so, so again to reinforce
love Gene, love Bram, love the CNI tech
love the blue chips
and the people involved on the other side
I'm going to try to avoid saying names
just because I don't, you know what I mean
I just want to be respectful
you can find out who I'm talking about
two major blue chips
and so I was very excited because we're doing a
proposal for C&I for around the the Chia Gaming and these blue chips heard that I was doing it
and it was because it was the combination of the tech and the team that we got this meeting through relationships. And what I still see as an immensely huge opportunity for the Chia blockchain is not
going to happen.
And without getting, you know, I'm not going to shit on anybody.
Like I said, they both have businesses.
They're free to run them how they want but i am going to say that i had
uh literal blue chips with paper in hand to sign and migrate all of their nft project
and tech and future plans to Chia.
This was going to happen.
And so the reason I'm frustrated this morning is to see that not happen.
And so I'm going to try to be respectful, but I'm going to call out where I see the flaws,
just like I put on the timeline.
You know, you got to share your successes, just like you got to share your losses.
I am not too proud that I can't share my losses. In fact,
I'm really good at losing. That's why I'm really good at winning. And so I'm going to call out some things in the middle in between that I see as an issue for us and our communities and those
that exist on Chia in the way that we do and the veins that we play in. That is no reflection on
CNI or what they're doing.
They're the financial products, financial markets, all that stuff.
Absolutely.
No better people for it.
But I see a massive, massive disconnect
between what the community is here doing and what CNI is doing.
And that's not because of CNI. They're doing their product. They're doing what they said is here doing and what cni is doing and that and that's not because of cni
they're doing their product they're doing what they said they're doing they're pushing forward
like you know on their things we exist here and i've made a couple posts about this recently
actually even before this whole thing about like we're here as adults choosing to be here
to be here. You can't cry if you get rugged because you didn't learn the tech. You can
say that I was ignorant and it didn't work out and I have more to learn and that really sucks
that that happened, but you can't cry to anybody other than yourself. We're all adults
and we're all here by choice. And so whether you sold something for the wrong price and,
oh, I didn't mean to do that. I wish I could, you know, claw box, great thing, but you know,
I wish I didn't send that. We'll be more careful. And so anyway, let me digress a little bit. So
the point is, is love CNI. I love what they're doing. Think they fit their vein perfectly.
Love the blue chips and who I was talking to.
And the fact that I got to meet with this person who, you know, was a former head of
business development for Pudgy Penguins, is a strategic investor.
You know, they are very, very well known in the space, this person.
And so just to be in the door and have a communication with
her and her team, I think it was amazing. And I've come out ahead. Both those projects really
didn't get anything out of my efforts. I got to do some networking. I got to learn how to fail
yet again, or to come up short or to not be able to make the connections that could have been. We all know deals are
fragile. They're propped up on toothpicks until the pen hits the paper. That's normal.
And I'm okay with that. That's why I'm really good at going through the motions of RFP submissions,
proposals, pitch, pitch, pitch, pitch. This is why I was ready when Tang Talk hit and we did so well.
This is why I'll be ready when the right person someday when I'm done and I
start taking drag to the right people, I'll be ready.
This is why when me and my buddies went to Dragon's Den,
we were ready.
It's not the first time in my life I've, you know, I've,
I've generated billions in revenue for companies over my lifetime.
Billions, literal billions.
I'm putting that be there on purpose.
When I worked at the architecture firm, I was directly responsible for landing hundreds of millions of dollars worth of projects from writing proposals.
Building projects for people, building revenue streams for people, literal billions I've generated.
Which is fine,
you know, like happy to do that for other people. But there comes a point where you want to do yourself, obviously. So this is where I sit now in crypto. When I walked away from aerospace,
you know, cream of the crop developer job. I'm working in surveillance, reconnaissance,
intelligence as a senior developer, globally getting a jet set around and do some cool shit yeah wonderful
great for the pay great for the pedigree but not great for the soul this is why i'm here
because i think you guys have learned over time i'm a very creative person i'm a developer i'm
not your chad yak developer but i'm no pleb developer and i've been around the block and
i have an extreme
creative side as well as a business side and so on. So this is where my little bit of my bit of
my butthurt comes this morning is because I was really hopeful to be the one, not from my
selfish perspective, just to be the one that bridged a blue chip, two really, into Chia. And so I'm
really sad that that didn't happen. I understand and appreciate both sides. But it really came down
to mindset, historical narratives, and traditional ways of business in those two ecosystems
and so i won't i won't divulge too much because i want to be respectful to the to the blue chips but
there was certain requirements on that side evm and then there's certain things on chia mindset
mindset and they didn't match up. And so on the Chia side, I actually respectfully disagree with
CNI on the choice. I think they're missing an opportunity. I could be wrong. Gene's much smarter
than me. He's also way more successful. So the probability states I'm the fucking pleb and the
retard here. But I don't think I am. I really not in this
circumstance. I really think, I think there was either I didn't paint the picture correctly or
discuss it correctly, or there's just a genuine disinterest or in this sort of thing. Okay. So
that's, that's your choice. But we didn't get an element of certain let's just say a key element that we needed
from that side of the aisle to make the other side of the aisle happen if we hadn't got that
we had yesterday i would have penned two contracts with two blue chips to migrate them to chia like and I don't mean slightly I'm talking
three major products and their nft collections massive one of them alone has done 500 million
in volume and has a region of about 540 000 users in total um so I'm really disheartened. And, and, and so to talk about
the EVM side, there's an element of the need that was there on the other side that still right now
doesn't make sense to me. I mean, it does because I genuine ignorance of technology by the masses, not by the blue chip people I'm talking about, but by the masses on that side that allow the narratives and the methods and the tactics to perpetuate.
And that's sad because then I see blue chips.
You know, this is my first time really
inside the doors of a blue chip in the NFT world. I mean, I've stood on in front of VCs many, many
times. But unfortunately, that side of the aisle has been set up in a way that we all know is
adversarial,
advantageous, and typically feeds the VCs before it feeds anyone else.
And then there's a giant speculative market,
and then there's the whole crypto Twitter,
and there's the ecosystems, and everyone's out to,
and it's very adversarial.
And the result of that adversarial market is that people take big risks
with big money to make even bigger money because they
they know how to and they have the money they have the systems they have the people and so on
and it's really unfortunate that blue chips become beholden to those providers in certain ways
that that don't allow them to connect with providers like CNI or, say, to your blockchain
because of the way that business functions over there versus over here.
And there's a misalignment.
And even though from a technical standpoint I architected the solution in such a way
in such a way that there was virtually abstracted away everything fundamentally at the business level
that there was virtually abstracted away everything,
there were things that that that were required and that c and i wasn't willing to deliver on
and i'll use those words on purpose it's not a matter of they couldn't it's not a matter of
of that they chose not to which like i said at beginning, don't take that as me shitting on Gene.
That's his choice, and I respect him for it.
The fact that he took my call and even let me explain it, the opportunity, and listen to me, I mean, hey, like, thanks, Gene.
Big thanks. I appreciate the opportunity.
It led me down some roads to talk to some people and explore the connection.
and explore the connection.
But here's where my concern lands.
But here's where my concern lands.
If a dev who shows up here each and every day,
each and every day,
can't put that connection together
when the contract is on the table.
I'm not sure that the community understands enough.
And this was a bit of an eye opener for me in a little bit.
How much we are on our own.
I think Gene and Bram support us where it makes sense for their business.
And that makes sense.
And EVM is a whole nother beast, as you know, mature and money flowing everywhere.
But I worry a little bit when I see an opportunity like this go nowhere.
And after three days of hard work, it goes nowhere after a quick convo.
And that's the nature of deals. Like I said, at the said in beginning they're fragile they're propped up on toothpicks but it is it is an incorrect
narrative on one side and it is a how do i say this? It is a, oh, it is a over-focus or a lack of,
how do I say this? It's a lack of understanding for what the community needs on the other side.
And so although I understand that for CNI and for their efforts, what I would have brought to the
table maybe doesn't make sense for financial products.
I think it does long-term.
And maybe in time, after some time's passed,
I'll disclose more details
and I just don't want to do it totally right now
while it's fresh.
But I find the disconnect between the community
and CNI growing.
I feel it growing a little bit. and i feel like my job here in this
space is to pull that together i feel like that's something that i do by you know as a byproduct of
what i do every day i feel like i'm part of that community driver that is pulling us all together
but i do feel like the community is getting a little farther
for cni and and we've seen a lot of that on timeline a lot of that's butthurt over bags
we all know that and and i don't give a shit about i'm not talking about the bag and all this at all
i mean i want to make profit i'd like to retire someday i'd like to grow a business that i could
never have to stop working in and i go into the office every day and i love my staff and
we're having you know like i want my dream and that requires you know some money but generally I don't give a shit I'm here to
build some stuff I'm here to meet devs I'm here to like open my mind and learn things and so on
and so forth but I feel like this morning I woke up this morning with a real twist in my gut around
the opportunity that was lost and so I guess it's hard for me to put a nail in the
coffin on this or to really speak definitively while I'm being vague. But what I can say is that
I'm disheartened to see what transpired yesterday with the opportunity that was at the door.
that was at the door. And so when opportunity knocks like that and it doesn't align with you,
I get, and like I said, totally cool, but it would have fed our community for years to come.
And I, and I, I'm not exaggerating any of this. Um, I can back all this up with receipts, if you want to call it that way.
There were people in the office here while I had all those meetings. There were lots of
community. Everything I'm saying is a thousand percent factual. So it leads me to my disheartened
feeling this morning of seeing such a great opportunity not be capitalized on when
everyone's here trying to capitalize on something, whether it's a product, mindset, dollars, whatever.
And so when I see that I can't bring these blue chips who contacted us, they came to us,
they heard about the gaming and so on. they came to us and i've been here and
i know the team and i can reach out to gene and i can't make that connect in a meaningful way that
both sides are satisfied and that sucks that's disheartening for me that's really disheartening
given the work that i do in this space and understanding what side of the cni aisle i stand
on right i'm not i'm not a permuto guy i to be honest with you i don't give a shit about permuto and understanding what side of the C&I aisle I stand on, right?
I'm not a Permuda guy.
To be honest with you, I don't give a shit about Permuda.
I give a shit from the standpoint of what they do for C&I
and that Gene and them have a project that's successful
and love to watch business people succeed and learn from it.
Zero problem with Permuda.
They're great. they're way beyond my
years i'm a dumb ass dev not an investor but i don't care i don't know how else to say it i
didn't care about the financial industry before i don't care about it now i care because i have
to be a responsible adult and try to get my finances in order like everybody else. I don't care about stonks. I don't care about financial
markets that I'll never play in because I don't come from that world. And sure, you can say,
oh, you can make it. No, no. If we're going to talk realities, no. You're born into this world
with a certain level of access to the resources around you by way and nature of where you come from, who you come from, and where you live and operate.
That is the nature of the fucking world.
You cannot like that, but that's facts.
So there are a few of us that make it out.
There are a few of us that exceed and excel, and that's what we're all striving for.
exceed and excel and that's what we're all striving for and that's what i every day and i am like
constantly like foaming at the mouth to grab opportunity from a technological standpoint
monetary standpoint whatever so i'm disheartened to see this deal fall apart i appreciate gene side
i don't understand it i appreciate the blue chip side i don't understand it. I appreciate the blue chip side. I don't understand it.
And so I just want to be clear again, I am no one to judge either of these two, but I can tell you
from the work that I put in the opportunity that was in front of me, the conversations, everything
that happened, the other side came to us and said, holy shit, this sounds amazing. Yeah, no, you know,
your liabilities are gone, your risk assessment goes down, the cost goes down, the, you know, there's all this peer to peer great tech that goes in.
Yeah, makes total sense if you're going to try to, you know, do this at a multimillion dollar scale with a lot of people's money.
Yeah, you need this level of security.
you need this level of security what i'm disheartened about on that side and i don't
think it's a fault of theirs i think they're in a technology base that requires them to operate
certain ways but profits definitely came before security um and not out of maliciousness i think
I think out of genuine ignorance around true custody, as well as the outside pressures of VC funded BS.
So I can sit here comfortably in my little chair, my little studio, middle of nowhere, you know, scrapping to pay the bills and have an opinion.
And it means squat to both sides.
I absolutely recognize that. But here's what I'm not. I'm not somebody that comes back when it's
opportunistic. I'm not somebody that leaves when it's bare. I'm not somebody that says,
nah, that's too hard. I'm not somebody that accepts no as an answer. I'm not somebody that runs around this space being disrespectful.
I'm certainly no master chef.
mockacy.
Go fuck yourself.
Douchebag.
That's not me.
I've been through that.
And I try to be the better example.
So I come here every day with absolute full intention and transparency to bust my ass for everyone. So I'm really disheartened this morning.
Yesterday was like, I'm pissed. Like it happens. Sat down and I played some zombies and, you know,
blew some heads off some zombies and, you know, felt better. All right. Got my, got my, got my,
my angst out. But I woke up this morning genuinely with a knot in my stomach
around the opportunity
of loss for this community.
And that's what made me think about our community and the trajectory and motives of us collectively
in comparison and jointly tied to the efforts of Chia and C&I.
And they're two very different things.
And lots of us have said this, myself as well.
C&I is not here for us.
They're doing their thing.
And a byproduct of that is we all get to piggyback off their genius
and try to do our thing.
I get that.
That's what I'm here doing every day,
trying my best to make my slice, my community slice, my team slice, my company slice out of what we have off the coattails of Gene and Bram.
That's what it is.
We're riding their coattails.
We all know that.
They're laying the groundwork.
We're trying to build businesses behind them.
We hope things trickle down.
We hope more business.
Absolutely.
So I'm frustrated this morning and I'm sick in my stomach thinking about the scale and magnitude of what could have been done for the entire community for years.
Like the things that I brokered would have fed this community for years.
And it would have brought NFT Chia closer to the mainstream.
In fact, in the mainstream.
These are not too small.
If you've been listening to my space, you probably know what it is.
I'm going to not mention them here because I'm ranting and I don't want to put the two together in the same space.
You know them.
One alone is a half a billion dollars in volume.
Like, I'm just, if we can't walk that in the door, if we can't get that, then I hate to say it, guys, but if you're in NFT, but yesterday's shortcomings was a grave error for the sustainability of this community.
I believe that through and through.
Again, I could be wrong.
You can believe and you can be absolutely wrong.
So if Gene hears this, fuck off track.
You don't know what you're talking about.
Hey, probably don't.
I can tell you how I feel as somebody who has experience
and spends a lot of time here with you guys in the community.
Not just an hour in the morning.
Not just a little bit here and there.
Not just when it suits me.
Not just when I'm not busy.
Every day.
Same time.
Same place.
And then some through the day.
I'm on Twitter minimum four hours, 365 days a year.
I have a sense of what is happening in this community.
I have a very good sense of what is happening in this community and in the tech and in the industry.
Just by way of being here, forget my years of experience.
And so I'm frustrated because the other day I said, I've been here before.
For those who don't know, when I was 20, fuck, I don't even, 22, 24, maybe 24.
My friends and I went on Dragon's Den, Canadian Shark Tank.
And we got actually more than a quarter million after due diligence from them at 26.
When I went to go work for Apple, I had never worked for a computer company a day in my life.
Never.
Had never taken a computer course.
They flew me to Montreal three days.
Next thing on, I'm at Cupertino.
Been there like five times.
Got to meet the devs, trained by the devs.
It's not by chance.
It's not because I don't recognize opportunity.
It's not because I get up here and I cuss and I swear
and I have simple language that I'm a fucking retired.
It's not the case.
The fact is that i'm a fucking retired it's not the case the case the matter the fact is that
i'm upset because i saw a golden opportunity for our community yesterday and over three days of
spending with these very prominent people and i feel like it was turned away too quickly i think
and and that could be on me right that could be i didn't present it properly to Gene, which I didn't really present it.
It was just like, hey, man, can we talk right quick?
Chat, chat, chat, chat.
And I even started the conversation with Gene.
I pretty much am sure I know where this is going to go.
And I was 100% correct.
Because I'm aware of the situation, but I'm not afraid to push the boundary.
I'm not afraid to go to Gene and say, I know what he's going to say, but I'm still going to fucking ask because i'm here for this community i'm here for the tech i'm here to push
for you guys as well as myself and i'm just so about it even even the blue chip messaged me back
last night after we we all decided on the call yeah this isn't gonna work myself included it was like i can't sit here in a good conscience try to jam you down something when i understand
your perspective and i have the response from cni i can't i can't sit here and say oh okay well
let's do it on eth after i just told you about all my feelings about eth right um i just can't do
that it's just i don't want to do it I don't want to sell out
As much as I'd like to
These kind of connections
They saw Drak
They are floored at Drak
We're going to go back and revisit that
But I don't want to sell it out on ETH
Because
Of all the ethical and real reasons
And legacy and custody and all that.
But I'll tell you what, guys, I'm tired of fucking eating fucking cheese whiz and sandwiches again.
You know, we made a killing on Tang Talk.
I'm going to I'm going to put this out there and it's recorded.
It's going to probably suck. It's probably bite me in the ass later with the divorce.
But I'm going to put it out there.
Tang talk generated me $350,000 in about two weeks, guys. It is probably one of the most
successful projects within our community that you guys know of. And I don't talk about the finance
and I never did. Cause you know what happens? Everybody in the dog shows up on my fucking
doorstep and ask for a favor or a handout. That's not me. Which you know is not me because I woke up on my trip with my parents
who I treated to a vacation because they haven't had one in 32 fucking years.
I woke up one morning and said to Brad,
I'm going to give somebody five grand today.
And he was like, what?
And I was like, I need to change somebody's life like the gang changed ours.
And we're going to do this more and more, Brad.
And we're going to give away.
I didn't do the whole LP stuff.
Cause you know what that would have done?
I would have stuck a bunch of shit in LP and I would have fucked it up and
nobody would have got anything.
So I did it the best way I could in building a business,
giving money away,
supporting devs and making donations.
And we did everything we could took care of my family,
took care of my kids,
took care of my house,
took care of Brad and I, built a business.
I put that capital to fucking work in this community.
I put it to work.
I'm eating cheese whiz sandwiches again, but I got a business.
I got the legals paid for.
I got the trademarks.
I got the equipment.
I got the community.
I have what I set out to get, because I invested in me and the
community, and so I'm upset about yesterday, because I could have walked away, and I could
have retired, I could be retired, just for the record, I could have taken 350,000 fucking dollars,
and absolutely put it into something, and retired, and said, fuck all you guys, thanks for the money,
peace out, absolutely could have done it, and none of you would have been any the wiser and none of you
would have found me but all of you have learned that's not my character that's not how i operate
that's not what i'm here for i mean i was pleasantly fucking surprised but tank talk
and i'm going back to tank talk hard in26, given a whole bunch of things that are happening in the world
and some new tech.
And I know Michael Taylor, where he's at.
And so 2026 is TangTalk's year.
It's been quiet, but this is where I'm shifting to.
Crate might be put away for a little bit
because its Mint Engine is just causing me a bunch of headaches
and extra work.
And as much as I love the project
and I think there's validity to it i might just
open source it um go in and clean it up and open source it um for the community and then maybe
somebody has a little more time to dedicate because i'm vibe coding it like crazy anyway
drac and tang talk are my focus but anyway the point was i've sunk myself into this community. I took a massive risk in leaving my old job.
And then when I did so for good reasons,
that's a whole nother story.
Think murder mystery.
It's,
it's fucking wild.
My backstory is wild.
I took a huge risk and then,
and then my wife left,
I got a divorce.
I was thinking that I'm still here, still investing, still grinding.
So I guess appreciate that as a part of the reason why I'm so frustrated this morning to see multiple millions of blue chip onboarding walk out the door.
For Gene's reasons, which are valid, you know, kudos kudos gene you don't waver on anything you
stick to your guns fucking amen but i have to voice that i'm disappointed for the community
because it could have fed us all for years i mean years years there would have been
connections being made we would have had new people in. We would have had new people in groups.
We would have had people who are moving and shaking the NFT industry listening to us.
So I'm disappointed.
I'm frustrated.
And I'm saddened by that.
Because on top of it, I'm trying to push Chia Gaming.
Me and Mr. Dennis have been working non-stop on Chia Gaming.
And that's what these blue chips were after and we just needed to satisfy one last requirement on their side
it is the big requirement it's a big ask it's a it's a difficult thing for me to
ping gene and pose that question it was an absolute must from them because they were getting
It was an absolute must from them because they were getting that requirement met by Tezos.
Well, I should say Tezos found out about our meetings and upped their ability to help.
So that sucks.
And I didn't need to match that help from Tezos. Excuse me. I didn't need to match that help from tes excuse me i didn't need to match tesos it was
told to me that they would go with us even short of matching tesos in various ways one way in
particular and so not mad at, not mad at the process.
I'm I'm I guess in some ways I'm I'm a little sad and sorry that I couldn't pull it together for the community.
And I know it's not my responsibility.
I don't know. It's not all on me.
But I had that opportunity for us lined up.
Signed, sealed, delivered type shit.
So the disconnect that I'm confused about this morning is how do we move? How do I move forward?
Pushing for a system that I truly believe in from a technical standpoint, pushing for a product and platform that I see the vision of?
When I know after yesterday in my heart, we will never see a blue chip project on Chia.
That to me is short sighted. And so I'm disheartened by it. And that's where I stand on it. And I guess I could go around and around on it.
But again, I'm trying to be very respectful of both sides because I don't think anybody did
anything wrong. And, you know, the art of the deal, sorry to quote Trump, but the art of the deal sorry to quote trump but the art of the deal you know is is
part of it is understanding that they don't all come through and that they are propped up on
toothpicks until the pen hits the paper that's normal been throwing shit at the wall since
dragon's den since we got that quarter from the tv show i was hooked and i've been doing
business startups and contract work and stuff ever
since i love coding love building ideas and i'm just
just god damn it was right there it was right there and so i i'm confused by how on one side of the aisle evm world it's so freely
provided in the way of oxygen
and then over here it's just so void and then you know i i have to then check myself and go, well, it's on you, Drak. It's on us as the community.
So no regrets, no regerts.
No regerts, no hard feelings, no animosity, just genuine frustration and confusion.
And hoping that this doesn't last forever this way.
And I find that we need a more accepting community of the other chains.
That's on all of us, self-included.
I shit on mock chains all the
time. They're fucking terrible. Technically speaking, we know this. From a custody standpoint,
let's go there. Let's say that. From a custody standpoint, they are not genuine in their claims.
There. That's probably a better way to say it. They're not genuine in their claims and they are
not nearly as good on their execution as they like to think they are.
We've seen a lot on the timeline lately from Vitalik.
This should be more like BitTorrent.
Yeah, no shit, dummy.
Take off the friggin' rainbow kitty shirts.
Go see a fuckin' professional image therapist.
And get on the train of business as opposed to I'm still a fucking
dork who built something really cool yeah great you started that way but guess what you have an
entire industry relying on you know relying on you know grow the fuck up on the other hand we
have Gene grown-ass man knows what he's doing has changed tech forever that's why I follow them
and that's why I respect them But they don't get the community.
Or if they do, they think they do, but they don't in some areas.
So I'm frustrated. I'm frustrated to have two blue chips on the doorstep with one requirement left.
And we didn't even get a consideration it was just nope
not doing that and i'm telling you the ask wasn't that much from my perspective obviously from gene's
perspective it is that's why i gotta know which is cool like no problems that's just part of the game. If I was in Jean's shoes, which I'm not, I absolutely would have done it.
Absolutely would.
And not just because I was doing it and whatever.
Like, I just see the opportunity for the community if we had those two blue chips in here.
And I know some people who say, well, blue chips, like, who fucking cares?
They're just VC funded, yadda, yadda, yadda.
That's where I find in the community
some ignorance shines through yes you're right but no you're not that is a surface level thing
you don't get to blue chip status that level of revenue without busting your ass and going through
motions that many people in this space will never experience.
And I don't mean that to be rude or put people down or anything.
But there are a lot of people in this space, in crypto Twitter, in crypto in general, who have absolutely no idea what it means in all of the little itty bitty steps that take you to the door of a VC.
That going through the motions of dealing with scumbag VCs
and then knowing how to handle yourself and back out of things,
that's a training program.
That's part of learning how to do business at that scale.
It does not mean you're committed to it or you're beholden to it
or you have to cult level go into it.
That's not what it's like.
But these people run these businesses with, you know, 20, 30, 100 staff.
That's not easy.
I would venture to say there is a vast majority of the people in this space who have no idea how to operate with staff, how to build a team, how to how to submit the financials, how to do the fucking taxes,
how to go through the interview processes, how to go through evaluations and corrective actions and
mitigate this and pivot that and exchange rates here. And we got to watch this and get it.
It is not. Oh, they got VC money. That's why they're big. No, it's not fucking that way.
And I know that's the narrative, especially around EVM because so much shy
story rug pull shit has happened. Sure. But it doesn't take away the fact that there are genuine
businesses out there using flawed technology with the right mindset, the right intentions,
and with the right precautions put in place because they did the diligence to build the
business around what they're using. Just because the system is flawed
doesn't mean you have to execute it in a flawed way.
Just because it's not fully custodial
doesn't mean they need that.
But all of these crypto communities,
whether it's Chia, EVM, Solana,
it doesn't matter about all of their tech
because they're going to do it anyway.
But what is the thing they all have in common?
They all rely on their community. We are all the liquidity for their chain, whichever one you're on.
Right? We know this. MEV exists. When a company can go and say, hey, I want to build this,
who's going to fund me? And they don't even have to think about it about putting in the sweat equity
to understand the technology to build it out because the industry's just like here's money
here's money here's money because we're going to fucking rake it back on the back end because
we're mev or we're whatever the case may it sickens me and it's really shitty that we couldn't take a blue chip nft collection business of high caliber
who is interested in moving away from that and find a way to accommodate them to make it happen
so that maybe another one follows and another one follows and guess what the narrative chia does
then it fucking propagates faster than we could ever do as a community in the next 10 fucking years i don't care what about permuta is doing they're gonna rock the
financial world yes but i also am smart enough to know 90 of this community will never own it
will never use it so i'm frustrated that we weren't able to make that connection.
We weren't able to start propagating the narrative that we also truly believe in because of the base-ass tech that Gene and Bram have put together, the team they put together, the company, all of it.
Weathering the storm.
I mean, again, I can't even begin to imagine what they've
done to get to where they are. But what I do know is yesterday, a flourishing opportunity that would
have fed us all for years, that would have put eyes on Chia on a global scale that has not been possible yet, it's gone.
I have the connections.
I'm going to stay working with these people.
Hell, I might go over to EVM and work with them
so that at least there's some money generated.
But to sit here and starve every day
and to pour my retirement into the community,
to be here to build better on the promises of X,
I just,
I don't get it.
I don't get it.
And so respect for Jean,
but I just don't understand the decision.
And that's not going to stop me from pushing forward.
Like I'm just ranting.
I'm just getting some shit off my chest.
I'm going to build tomorrow.
I don't know any other way.
if I woke up and didn't start building
i would be so goddamn confused with what to do with my day no idea if i didn't have somebody
to teach something or somebody buzzing me and say how do i do this track but i didn't have all of
those things that happen every day day in day out all day long i'd be lost what am i gonna do back
punching tickets at surveillance and reconnaissance while
we surveil people and live that fucking life? No, I don't agree with it. I don't want to be a part
of bombing kids or surveilling people under whatever narrative. I don't want to be a part
of that. It's not me. It's a great job. It was a great job. You know, a lot of people probably my parents especially should have kept it but there
are lines that I can't cross that I know will make it so that I sleep well at night when my
time comes and I will sleep oh you won't be able to wake me up I don't sleep now but trust me when
I go down that final time I mean I'm I'm sleeping easy because i feel really good about how i've
carried myself in my career and in my life and i guess that's probably why my frustration is so
great right now this morning it's just it's trying so hard for this community for so long
and as i see it that was the biggest opportunity for NFT Chia that could have had,
I know you guys weren't in the room and it's really hard for me to say it at
face value. And then I'm trying not to name people.
I'm trying not to do details. So it makes it kind of vague.
But I wish you could have been here.
My best friend was here in the room with me um and
actually uh my folks were listening in right because i'm like you know it's a family affair
right and they're quietly listening and we all are just shocked we're all just like oh my God, that could not have, I mean, it was so close. Fuck. So close. Not just close,
close, like close only counts in horseshoes, hand grenades, and when you're with your girlfriend.
Well, this was a hand grenade waiting to go. And it was there. Oh shit. Sorry.
waiting to go and it was there oh shit sorry all right good i uh i didn't see a request
come up come on i'm just ranting the fuck away here anyway i hope you guys understand my point
i hope that anybody that may take this in a negative way whether it's gene bram or cni people
or whether it's the blue chips on the inside i really genuinely hope you you understand where
i'm coming from i'm passionately disappointed about the disconnect and the reasons for the
disconnect and i don't feel the reasons were justified for what could have come out of it
for the work that's gone into it for the investment i i just i can't help but be a little
angry with gene respectfully just like you know as a friend one of my buddies i may be like man
just that pissed me off right and then you move you know dudes a friend one of my buddies I may be like man just that pissed
me off right and then you move you know dudes it's like whatever let's get back to work let's
do some cool stuff right um but I'm a little disappointed I guess probably a better word
than angry I'm disappointed and then it also I can't help but let it to a point because I'm
I'm a passionate person I'm a passionate person.
I'm a passionate person about things that I love.
And I can't help but be a little bit offended.
You know what I mean?
Although I know that wasn't the intent by any means.
Hey, you're ready for karate, right?
45 minutes.
I can't help but be a little offended in some, you know, to a small degree, to some small elements of it.
But so that's my rant this morning.
I'm going to have a smoke here and shut the hell up for a minute.
Good morning, buddy.
How are you?
Interact.
I can never see your name right. Anarchoic. Anarchoic, right? Is that right? Anarchoic?
Yeah, it is.
There it is.
Good morning, man. How are you?
Good morning. I think when you brought me up on the stage, I just shoved a huge egg in my mouth that I was eating for breakfast.
i was like please don't call me just yet
I was like, please don't call me just yet.
yeah yeah i've done that before you're like okay have a minute i'll sneak the sneak the food and
then it's like hey drac i got a question like oh jesus yeah anyway yeah so i'm sorry to feel free
to change the convo or add to it whatever you'd like no yeah um so yeah. I've been in a few different conversations in different ecosystems or whatever over time, and I've closed funding from folks who've, you know, been involved in different points of this ecosystem and have also kind of had that kind of what the fuck kind of experience in terms of opportunities that were out there to bring in folks to the ecosystem over the last few years.
540,000 user base is not small.
Yeah.
Yeah.
Like I shake my head at that.
Yeah.
Yeah.
So yeah, I mean, and some of those we could sync up
on offline as well, but welcome your perspective on how this influences your view
of the gaming RFP.
It certainly does.
It doesn't influence from a technical standpoint or a desire to drive it forward.
It has an effect on my confidence in, am I understanding what we're really going for here?
So it's more,
it's more like a look internally of like,
am I understanding this correctly?
So it's,
it hits me on the confidence and conviction,
not conviction,
confidence and understanding side of maybe,
maybe I'm off here.
And that's really conflicting with my gut feeling.
Yeah. And so, yeah, I don't know how to reconcile it just yet, to be honest.
Yeah. Yeah. Because, you know, definitely part of part of the calculation there is is how much is going to really come through.
is how much it's going to really come through.
And so, and that's, that's something I've dealt with in the past.
And, and yeah, you know, had an offer and it was like, well,
and then, you know, some of the conversations were like, you know,
maybe the right people were not in the room for those conversations
because it was junior people, but it was like,
and some of the stuff that was said, you know, some people, you know,
at one point who are no longer there said, oh, well, it's free money.
And it's like, no, it's not free money.
There's licenses and there's contractual terms and so on.
It's not free money.
And I mean, just the legal alone chews most of it up.
You're doing that kind of stuff.
Legal will take half of it.
For gaming, for sure.
Yeah, you're talking IP rights and things,
and that was, you know,
that's part of the concern of what we were dealing with yesterday.
Yeah.
Anyway, I'm putting my submission in for Chia Gaming tomorrow
for Mr. Dennis and I,
and we're going to go for it anyway,
because I think I truly believe in the tech and would like to see it succeed
and would like to be a part of it. I just,
yesterday leaves me with a bit more worry. Right.
A bit more worry. So yeah, I'm not even sure how to,
to fill that, that question out totally with an answer, you know,
because I'm still kind of just like a little shocked too,
a little, still have a little bit of that like gobsmacked a bit right yeah yeah but hey you know i do understand i'm
mature and as an adult and i understand that every business has their reasons for everything and i
can't know everything about either and that's not my place and and so it is what it is and then like
i always say deals are on toothpicks until they're on paper.
And the money clears the bank.
Yeah.
Well, I mean, in America, you don't have to wait.
Once the pen hits, you're usually pretty good in, like, North American standards.
You go overseas to, like, UAE or something, and it's like, we don't care about the paper.
Put the money in the fucking bank. You know?
So, yeah. Whichever it is, the pen or the bank so yeah whichever it is the pen or or
the bank account it's usually where yeah where it ends but yeah i'm all of those mixed emotions this
morning disheartened a little bit frustrated confused um you know trying to reconcile and
then trying to understand that like in reference to the the gaming rfp like you're
saying like okay great but that was part of where i i guess in my mind's eye it's like isn't that
what we're shooting for right yeah and and if that has to start from organic bottom and go all the
way up sure that makes sense right like build it from the bottom and build a blue chip on chia from
chia from the scratch get it but what better way to do that than with people that have done it,
regardless of the chain they're on.
So sometimes the arrogance, and I don't mean that as in like Gene's arrogance
or Bram or anybody like that.
Like they have all right to have the confidence that they have.
But we got to stop being, as a community, as a blockchain community, we have to stop being so adversarial.
Myself included.
I am not excluding myself from this.
I shit on BBM all the way for all the technical reasons.
But here's the truth.
That's where the business is.
That's where the liquidity is.
That's where the people play. That's where the liquidity is. That's where the people play.
That's where the onboarding is.
It's not here at Gia because we're not going.
And also it's where the attention is, right?
And the attention is so valuable these days as well.
So being able to channel that attention leads to adoption
and leads to the perception of what's going to happen in the future, which is kind of relevant for all of us who are invested in this ecosystem.
Yeah, so that's, you know, I think you understand where my frustration is coming from.
I hope everybody else does as well.
how do you, how do we bridge it that makes C&I happy,
or I guess that accommodates the chain and its focus and its drive,
but still grabs all of what we all want and we all need. Right.
Which is different than C&I. And a lot of us recognize that,
but how do we bridge it Without them
And so that's where my
I'm landed in that I'm not understanding
How we do that
But I do understand also
It doesn't require CNI
We can do it on our own
But when you hit that level
There is
Likely a dependency
To some extent On the core chain and the core team,
right?
Like there's a trickle up kind of there.
Well, and also like there's a few kind of little milestones along the way that may help.
So if CNI is no longer having to sell regularly, then that helps the whole ecosystem.
And then that also makes it a lot more possible for other investors to come in and invest.
And full blocks.
Because right now, anybody, any investor who looks at the chart is, you know, they're like,
yeah, let's not talk about the technology for now.
Let's get back to me later when the chart looks better
If I could find a VC that would
Meet the requirement that they needed
I could have that
I could still make this deal happen
But I don't have that connection
It would have to be a VC that goes, yes,
do it on Chia all the way and we will back it.
You know what I mean?
Yeah.
And I just don't see anybody doing it for the reasons you just stated.
They're going to look at the chart because that's what they care about.
They're going to go, no way.
Well, maybe let's, let's talk offline at some point as well.
Yeah. Yeah yeah for sure and let's veer this away from cni and that for a minute and just kind of my point in in doing
this was to literally segue this into not just crypto but like tech and startups and chasing
trends and things like that that you see up in the title there um because it's not just isolated
to here it is a common thing
in business practices if you're into doing proposals and pitches and building teams and
trying to build products this is all part of it um that's why i'm i'm not unfamiliar with this
you know scenario but um it's difficult for the person or the entrepreneur in especially in big tech, big money,
like that breakthrough from I'm here and we have this opportunity.
How do you break through that,
that wall beyond like say trending narratives that mostly steer the tech.
So let's say AI, for example, right?
You could go out with a revolutionary AI thing.
and it, it could not have the trend or the the hype and
it could be the best thing and it could go nowhere right and and the wrong things can get funded the
scammers get funded you know the one that i just attention market man i think he hit it there it's it's it's what drives it all well you know going back to chia
um i mean i think there there are additional paths and possibilities and you know there is a huge
architecture there and um the question is you know is basically the adoption and the distribution
and so how do you do that without CNI kind of thing,
which you kind of have to.
But we're starting to get some of the tools.
So what they've done in terms of the on-ramp for U.S. buyers
is fantastic towards enabling adoption and distribution.
Now that we've got BYC and their circuit DAO is going to be
adding some additional on-reps, that's also going to make it more doable. And then, you know,
somehow we need to have certain things that do crack the attention distribution adoption nut um and and you know
some of it might need not even mention chia too much it might you know it might be just the you
know you do that by the way you do this and then you do this kind of thing and then you have the
thing you wanted and the experience you wanted um Timing's the thing too, right?
And this is a concern for me.
The maturity of Chia is coming into its own.
We know that.
We see the tools and stuff, and it's coming into its own.
But I'm a little concerned, is it too late?
Or are they late?
Maybe not too late, but definitely not too late for what they're doing, right?
They're ahead of the game for what they're doing.
But as it relates to our community and what we are all doing here, maybe we're too late.
I don't think so.
I think if we twist it in new ways, given the new tools that we have, I think there are, and combine the primitives in new ways
that other folks cannot.
I think there are, you know,
feasible potential paths there to explore.
Yeah.
So I think there is something there.
And then, but yeah, I mean, you know,
an additional comment on, you know, if we look at the posts on X that are popular within our community, it's like they of likes per views, right?
But it will just kind of still stay within that same community
of people who have already kind of bought into Chia
and understand something about Chia.
And so we still need to find ways to create little offshoots,
you know, some tendrils of new growth where we somehow bring in new folks.
Yeah.
Yeah.
Yeah.
And I think that was a big part of my desire with closing this deal was like I could see all that.
540,000 users.
All I could see was like, oh, my God, there's onboarding right there.
There's an avenue.
And we would have had full access to their,
that was part of the deal was we would have had full access to their
marketing team.
There was co-marketing rights that were already agreed.
And that is like a stinger for me.
Cause when that agreement,
when we came to terms on that one throughout the three days,
it was like, oh my God, are you kidding me?
Like co-marketing rights? Like, yes, please we're in like this will be it and all i could think i mean i was
floating across the floor here thinking and i'm used to like you know get excited but manage your
expectations but that was that was an element of a deal that i've not quite seen in that way that
we had it and and to be to have that access of co-marketing rights was just like,
Oh, frustrating. Anyway.
So I've got to go to karate here soon. And so I'm going to end the space here.
I know it's just a quick one hour space this morning and,
and sorry to cut you short.
But I do have karate in a half an hour with the young fella.
I got to get ready. I'm going to get warmed up.
And I just kind of want to like close it here.
I'll close it with some thoughts and let you add in and then we'll go.
But I guess my closing thoughts around this are, you know,
if I'm just to lean on my experience of the past three days and then just,
just in general, like having gone through many, you know,
deals that succeed and fail.
You hear me gripe this morning a little bit.
It's disappointment.
It's a little frustration, a little confusion, disappointment, sadness over, you know, what
could have been thinking about the community and all that.
But once I get off this call, I go to karate, I go beat some shit up, and I'll come back and I'll go back to work.
And that's what builders do.
So, you know, I'll grow up a little bit now because, you know, open convo,
having this good discussion helps me level my own thoughts
and what I want to do moving forward and so on.
I think it's healthy.
I've done respectfully.
But I just kind of want to lay the final thought that this is normal. This is part
of being an entrepreneur. This is part of startups. This is part of everyday business. So, you know,
you learn from it, you take what you can from it. And so if I'm to look back positively,
if I look at even just the pros and cons, the cons are I wasted three days.
look at even just the pros and cons the cons are wasted three days maybe not wasted but i used up
three days um and then you know it's a bit frustrating but the the pro is that i'm now
talking to and have open access to and connected with some really connected people who who aren't
malicious regardless if they're over on the chain that we see as flawed, they're over there
doing work, really hard work, growing a team and building a business and generating revenue. And
people are in that company going, oh my God, I'm living my dream. How did I get here? Like people
are being inspired and creative. They're doing everything they should as a business. And I got
mad respect for that. The tech is a a different story you know um but this is
part of business so in my pro is that i went through another training cycle of of um trying
to put a project together and then having the one toothpick get knocked out and that's enough to take
it down and and that's good practice and i've got good connections. So look at the bright
side of things at the end of it. Business is just business. Doesn't mean that it ends then and there
and there's not opportunity on the road. In fact, sometimes it's the failure that opens the door to
a later success. So I can absolutely see myself working with this blue chip, even though I was very blunt in a lot of
our meetings about how much I don't like EVM from the technical perspectives. And we had a couple
laughs about it. They were very confused by Chia. But great things are going to come of it. I have
no doubt that I will work with or at least speak to these people again and keep that open communication.
And so I have that to be thankful for. And I have the fact that I can buzz Gene first thing on a Saturday and bug him and be like, dude, wake up. I need some fucking answers. That's really cool
because it's Gene. Right. And I respect and look up to Gene. I wish that someday I could be half
the coder and business person he is and never will. I'm too old and too stubborn and too pleb to be like Gene.
But having the access and having the experience and having the person to watch and be able to watch so closely.
It's not like I'm standing way back in the distance and only get to like peek over the shoulders of people and see a little bit of what gene's doing very up close very up front and close to all this so i have all of that to be
thankful for as well so anyway that's the kind of lesson for me in this um i i would have guessed
you'd probably say similar but if you have any closing thoughts on it man like feel free
yeah onwards and upwards onwards and. Onwards and upwards.
Onwards and upwards, bro.
Onwards and upwards.
That's what we do.
I mean, listen, at the end of the day, we got one girl gaming coming out.
I see Danny down in the room.
And Danny, you're just going to have to be our savior, buddy.
You might not be the hero we needed, but you're the hero we deserve.
That's just all there is to do.
Anyway, I'll close it down,
guys. I got to get going to karate. Love y'all. Thanks for showing up this morning. Appreciate
you listening to the rant. I hope it lands well and people understand where I'm coming from.
Annoyed, but hurt, but optimistic and resilient. And that's just the way that it fucking is so um we will see you again tomorrow as always
each and every day um and our thanks for coming up um good to see everybody here mo juice bullish
monkey zoo all the friends naz what's up bro falco fi good to see you down there um cheesing bro
beers soon i hope you all have a really great sunday keep it between the mustard and the down there. Cheezing, bro, beers, soon.
I hope you all have a really great Sunday.
Keep it between the mustard and the mayonnaise.
No drinking or driving.
Go out and hug your family.
Touch some grass or snow, wherever you are.
And we'll see you tomorrow.
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